How to Invest in Bitcoin & Other CryptoCurrency (Altcoins)

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When I first started, I was looking for the fastest and easiest way to start investing in cryptocurrency. At that time, and still at the moment, the fastest and easiest way to buy bitcoin (btc), ethereum (eth), and litecoin (ltc), is through Coinbase.

The Cryptopia exchange is a powerful currency trading platform. Deposit, trade, and withdraw Bitcoin, Litecoin, and over 400 other crypto currencies.

The Cryptopia marketplace lets you sell anything, to anyone, anywhere in the world in exchange for cryptocurrency. Buy and sell items free of charge. Make sales via auction or classified listing. Start using your crypto today.

Join a trusted community built around a passion for cryptocurrency. Learn the market from our News, CoinInfo, Arbitrage, and Forum sections.

Kucoin is one of the many cryptocurrency exchanges available for those in search of a modern and secure platform to trade between cryptocurrencies.

It was founded by a group with a passion for the blockchain who had already built up strong reputations at industry giants, such as GF Securities, Ant Financial, Youling, Jianbang Communication, and iBOX PAY. Kucoin always aims to provi…

1. Verify as many documents as you can. Passport, drivers licence, government ID, phone #, etc. Give them everything they ask for.

2. Make a lot of transactions. Constantly max out your weekly limit. Multiple times a week. Let them know you're serious.

3. Log into their website! Don't just use the phone app. This was my biggest error. I have been using Coinbase for almost a year, and they kept me stuck at a stupid $250 limit for 6+ months. I only raised my limit to $1,000 by logging into their website just recently (if you're logged in automatically, log out and then login again)

Now let me say this: I don't suggest using Coinbase unless you're desperate. There are cheaper exchanges out there.

When it comes to bitcoin, mining is not exactly what you think. The term mining conjures up images of dirty men in horrible conditions slaving away to make a living. The new mining is much different. These days bitcoin mining consists of some folks sitting around a table listening to loud fans as their machines hum away trying to solve hashes.

What is Hash?
In order to mine bitcoin a computer tries to solve very complex mathematical problems called a hash. This hash, once solved, releases your bitcoin. But only after its verified by the blockchain. In the beginning it was easy for your computer to do this and everyone was mining bitcoin at home. Normally these folks would use graphics cards because the processors that are used in graphics cards do these math problems much easier than your computer processor.

To combat this and limit the amount of bitcoin in the world the inventor created a very complex algorithm that increases the difficulty along with the amount of people activ…

I found a cool site that seems to be legitimate, people are posting payment proofs online. I used to do GPT (Get-paid-to) sites back in middle school, but for fiat. Looks like now there is one that pays you in any cryptocurrency you choose.

RaiBlocks is one of the fastest transferring cryptocoins out there, and therefore, has many use cases, and has potential to skyrocket in value once it hits the big exchanges. It has already skyrocketed to over $2 USD without being on any major exchange. If you want to get in on the action before it does, I recommend BitGrail.

Setting Up Ledger for the First TimeSo you’ve got your Ledger Nano S device — congratulations! First, connect it to your computer with the mini USB cable. You will be welcomed by Ledger and asked to press both buttons (Ledger only has 2 buttons).

press both buttons at the same time to get started
Press both buttons again to start configuration, you will be shown this screen: press right button to setup new device (if you previously broke or lost Ledger you’d chose left button to input your recovery passphrase to regain access to your wallets)

NOTE: If you are not using a hardware wallet, and just a MyEtherWallet digital wallet, then open your wallet as you normally would and use that address. Then skip to STEP 8!

4. Connect your Ledger to your computer if it isn't already connected and unlock (put in pin on ledger and open Ethereum app).
5. Click "Connect to Ledger"
6. Select an address to receive the tokens and use it as the address to send tokens to as you normally would with crypto transfers.

At this stage, you have sent tokens from your exchance or other wallet to a ledger address.

7. Click "Unlock your wallet"
8. On the right sidebar you will see "Load …